Deutsche Bank Reiterates DuPont Rating

In a report regarding DuPont DD, Deutsche Bank said that strong Pioneer performance in 2010 bodes well for 2011. “With the harvest in North America nearly complete, Pioneer released 2010 corn and soybean yield results,” Deutsche Bank writes. “The yield data confirm strong 2010 performance by Pioneer, which previously reported that it increased its corn seed share by 3 points to 35% – vs. 35% for Monsanto MON – and its soybean share by 5 points to 31% (vs. 28%).” Deutsche Bank reiterates its Buy rating on DuPont, which currently trades at $45.66.